Tuesday -- Icahn's Shorts, Sea Of Green, Risk On

S&P E-mini Futures:
Moderately higher.

News:
Much is being made about Carl Icahn and his epic short position, especially at Zero Hedge (emphasis mine):

"Putting this number in context, in the history of IEP, not only has Icahn never been anywhere near this short, but just one year ago when he first started complaining about stocks, he was still 4% net long. Those days are gone, and starting in Q3 and Q4, Icahn proceeded to wage into net short territory, with roughly -25% exposure, a number that has increased a record six-fold in just the last quarter!"

Icahn is a great trader, but it must be realized that, like he did to Bill Ackman, now his position is known and can be gamed be large players.

Meanwhile Asia and Europe are full on Sea Of Green.

FX:
JPY weaker. Risk On. CAD at risk of screwing it up, however. So is USD, which is stronger.

Treasuries:
Still in a configuration for higher prices.

Energy:
WTI crude and NG both higher, especially NG.

Metals:
Gold and copper currently down. Silver, platinum, and palladium higher.

S&P Outlook:
Keeping it way simple (with some cut 'n' paste from yesterday).

Still seeing a bounce that could at least fill the gap at 2081.43. But yesterday's action was weak.

If needed, there is support below at the 200dma currently 2012.98 and the 2000 psychological level.

I'll add that 2057.72 was mentioned intraday as a stop and barely held. Today will focus on 2058.02.